page_title: Balatan, Camarines Sur
section_title: Economy
hierarchical_section_title: Balatan, Camarines Sur / Economy
caption_attribution_description: English: Balatan Market.
context_page_description: Balatan, officially the Municipality of Balatan, is a 4th class municipality in the province of Camarines Sur, Philippines. According to the 2015 census, it has a population of 30,922 people.
  Balatan was founded by Don Gregorio Balatan, also its first mayor and founder of the municipality's first school, the Balatan Institute Memorial High School. The current and the 6th mayor is Ernesto "Bares" Arillas Bagasbas.
  The town's economy is supported by people from the Burias Island of Masbate province who are mostly trading their products in this small municipality. Balatan celebrates the Pintakasi and Pagkamundag Festivals annually on February 18 and December 1–3 respectively.
context_section_description: Minor central business district consists of public market, grocery, sari-sari stores, welding and vulcanizing shop, calling office, fish dealer, bakery, barber shop, beauty parlor, billiard hall, coco lumber dealer, junk shop and cable network. Neighborhood centers consists of sari-sari stores, bakery, videoke/bar, mini-sound system, repair shops, piggery, cockpit, bakery, furniture shop, fish dealer, repair and welding shops, copra dealer, among others.
  The only industrial business is a mini-containerized ice plant which caters to the needs of rich-fishing activities, and a few rice mills. There are six beach resorts catering to domestic tourism.
  Agriculture sector:
  75.04% of the total municipal land area are devoted to crops such as rice, corn, vegetables, legumes, coffee, high value crops and fruits, sugar cane, coconut, banana, abaca, root crops and industrial crops
  For livestock production: 37 private owners engaged in raising carabaos, cattle, swine or poultry
  For fishery production: 2 commercial, 298 local.
caption: Balatan Public Market
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